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. the president and senator reid old want more revenue beating one way or another, more taxes. and yes, the dow is turning away from backing off from 14,000. here we go, everyone. "varney & co." is about to begin. [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all onhinkorswim from td ameritrade. ♪ from td ameritrade. all stations come over to mithis is for real this time. step seven point two one two. rify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. stuart: we are going to call this a news alert. senator harry reid calling for more tax increases. in an interview on abc yesterday, he said tax revenue must be part of any deal to be part of the little defense cuts. here is senator reid. >> the american people are on our side, and america p
everybody's wallet just as taxes go up on every paycheck. plus, the economy is shrinking, unemployment is rising and the president calls forever higher taxes. a gas spike could not come at a worse time. $2900 per family. this is what happens when bernanke pushes down the value of the dollar. off goes oil and off goes gas. this is the inflation that everyone sees and everyone feels. varney & company about to begin. did yoknow not all fiber is the same? citrucel is different- it's the only fiber for regularityhat won't cause excess gas. it's gentle and clinically proven to help restore and maintain regularity. look for citrucel today. stuart: breaking news from dell, as expected. the company is going private. the stock is up 30% this year. it is a done deal. i have a whole raft of tax stories for you. first item, the feds propose to legalize marijuana and establish new pot tax. that would bring in an estimated $20 billion a year. passage of the law a longshot at best. today congressman eric cantor will give a speech on just how expensive it is to raise a family and how higher taxes will
will take a 2% reduction. the president and democrats prefer an option that raises more money by closing tax loopholes. republicans want to stick with spending cuts saying they've already agreed to tax hikes. 448,000 jobs in dc, maryland and virginia could be affected. concerned about the impact on our economy. >> sequestration will hurt not only the defense side but the nondefense side. my committee funds the fbi. there will probably be furloughs at the fbi and the national cancer institute, nih. defense and nondefense. >> that hurts the broader economy. people are concerned about their jobs and don't know the impact on their bank accounts. that holds them from spending on movies and restaurants and theaters. thinks he has time to buy a little bit more of a deal. let republicans and democrats work it out. but some republicans say they've had enough. they think the spending cuts are the only way to achieve true deficit reduction. back to you. >> all right, melanie. thank you very much. >>> president obama's pick to head the cia. a justice department memo leaked yesterday outlined the justifi
taxes and that is what they are saying about the sequester. can hwe can replace or delay by getting revenues in the door and that means taxes. >> greta: the whole sequester thing emerged in august of 2011 and the idea of sequestration was from the president if they didn't have a decision by the supercommittee in november. that at any time happen. it was supposed to be january of 2013. nobody has done anything. the president hasn't made sure it got doughnuts leader and they push it off to march 1 and between january 1 and march 1 all of this stuff is going to get done. zero has gotten done and the president wants another delay and says today we can't just cut our way to prosperity meaning who is going to get the taxes this time. he raised it on the rich? now, are the middle class going to get? >> they have to to get serious revenue. he is talking about we will tax corporate jets and oil and gas. that raises about $3 billion a year. the deficit next year according to the congressional budget service $845 billion. they have $3 billion in tax increases against a $845 billion deficit. th
. bill will go up for vote on tuesday. >>> dc residents may be surprised on tax day. why parking and speeding tickets may come back to haunt you. >> and gary's watching a cold winter weekend weather forecast. >> not as cold as today, but still real cold for the first one of february. some snow, too. all the details in the forecast, coming up. >> and check out the rundown. we're back. i got it when we could two min. [ male announcer ] once you've got verizon fios internet, you get it -- the difference 100% fiber optics makes. but don't take our word for it -- ask a real fios customer. ask me why fiber optics matters. ask me about the upload speeds -- they're sick! [ male announcer ] so go online and send a tweet to a real fios customer. last chance to get fios for just $89.99 a month for 2 years with a 2-year agreement. plus get $300 back. visit got2getfios.com for america's fastest, most reliable internet. call the verizon center for customers with disabilities at 800-974-6006 tty/v. we know some people are never happy with the way things are. at honda, and are always dreaming o
say, that you can be on the path of citizenship if you pay all of the back taxes that you have and pay a fine and we are talking about folks who are coming here and making the meager earnings, and how long does it take them to pay it all back before they can become citizens. >> michael, you made an economic argument about the cost of detaining and the cost of deporting and the cost of all of this, but i keep thinking about the cost of getting on that path to citizenship for ordinary immigrants here. >> all year long, we have the stories of the people coming into the offices. the filing fees are prohibitive to everybody introduced to the new gift. these people are putting food on the table, and they have the same challenges. president reagan in the 1980s changed the immigration law when he gave the nasty word amnesty out, and then he shifted the responsibility of policing immigration from government to employers, and the employers in a hard economy and generation now are being punished by the obama administration and the justice department and homeland security by not doing i-9s and pol
and the security measures include heat sensitive ink and art work. >> counterfeiters do not pay taxes or health care or provide pensions, they are criminal organizations. they are criminal parasites making money off of the hard work and innovation of others. >> during the operation, authorities have arrested 23 people in connection with sports merchandise counterfeiting. in new orleans for abc7. >> the coast guard and the national park service will be joined to educate dog owners of beach safety as part of the awareness campaign. there have been five drowning deaths at bay area beaches since november. in each case, the victim had their dog with them and some of them jumped in the water to save the pet at a wave swept them in the ocean. officials want to educate dog owners on hazards including what to do if their pets get swept to sea and how to swim out of a rip current. >> in sonoma, health officials are investigating the first confirmed rabid cat case in the county in 16 years. the domestic cat bit someone in glenn ellen and that person received a rabies shot. officials say the incident highl
hold us back on and in the senate a day later. but what do they do? they raised taxes, didn't cut spending, and essentially postponed some of the other issues, like the debt ceiling, which was going to come up very quickly in the new year, and now has been postponed to may 19. we also have a sequestration but was postponed for two months and that's coming back at the end of february. and if that wasn't enough we have a c.r., since we don't pass budgeting now, we governed by c.r. we have a continuing resolution debate and vote coming up on or before the 27th of march. so what we have done is we've spread these crises out over the course of the whole first half of the year and that's going to be difficult for the economy to manipulate, because as we start istartto see fundamental improvt elsewhere, we will see continued refocusing on the inability of our government to come to terms with its spending, it's taxes, and its debt and deficit. and that will continually, i believe, while markets and call into question some of the more optimistioptimisti c factors that we are seeing. i'd li
years running. visit texas. wide open for business.com and see why our low taxes, sensible regulations and fair legal system are just the thing to get your business moving to texas. >>gretchen: that's smart. that's really, really smart marketing. first of all, a lot of companies have moved to texas. no state income tax, among other things. although the governor of california, jerry brown, tried to blow it off. not that big of a deal. watch this. >> $26,000 and the smallest entry into the media market of california. should i liken it to when you sand in the ocean? no. it's a big nothing. >>steve: when he was walking off apparently, he said this -- quote -- "it's not a serious story, guys. it's not a burp. it's barely a -- and then he used a word we don't use in our house." >>gretchen: come on. that's on my kids' star sheet every day. if you don't fart, you get a star. >>brian: parents have a responsibility on making the diet a -- >>gretchen: no. >>brian: if i was governor brown, i would use that as leverage to get taxes down, to pressure lawmakers to say look what texas is doing. busine
is there that he put spending cuts on the table. he asked them for them to be paired with tax increases as well. there is more good will than people realize. more agreement that we have such a big budget problem that will we're going to fire on all cylinders. we have to cut spending. frankly, we have raise more revenue. >> you're listening to the california program and our speakers are economic experts. we are discussing national, regional, and global economic challenges. you can find video online. there's a series of questions around employment and job growth. what what is your outlook on job growth? >> i will start. i think -- i will say i was here last year and i'm more optimistic this year than last year. we made a significant amount of progress. it looks like housing prices have started to turn the corner. if you look at household balance sheets we see that consumers have paid down that debt that weighed on them. i think there are reasons to be optimistic. i am fairly optimistic. i think we still have things weighing on us. i think the concern about, are we going to shoot ourselves in the
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the special fire tax. the request comes after reports that the california department of forest story placed $3.6 million into an off budget account. legislatureséaw@Ñ want prosecuts to great. >> they cannot put money into a secret fund have it administered off the state books for the country district attorney association. that is almost criminal. >> cal fire spokesman saying it was posted on thef#[?t transparency pub web site.f&lex >> there is more still to come tonight. just ahead silicon valley leads the way towards a national recovery but not without competition from the rest of the bay area. >> a look at process by the meat industry to tenderize beef. it's not without risk.z(rÑ >>> silicon valley helping to lead the rest of the country out of the great recession. a rrt shows 46,000 new businesses opened last year and 92,000 new jobs. one analyst says the value gee back to where it was before the dot com bust a dozen years ago. >> there is a big difference is where jobs are being created. silicon valley had bragging rights but now is getting competition from san francisco. our region is
-niner headquarters. >> new budget scandal may brewing in sacramento tonight. come up. the new cal fire tax and why some lawmakers demand ago refund. >> plus our capitol correspondent reports on the indelicate language used by the governor in describing a campaign to steal california jobs. >> and lack at the process used by the meat industry to tenderize beef. not without tthere's this island -- and it's got super-cute kangaroos. barrow island has got rare kangaroos. ♪ chevron has been developing energy here for decades. we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >> now abc 7 news. >> texas has come to the golden state trying to steal away our jobs. they are taking to the air wave with message to the governor and as annette explains, california's governor had a few choice words today when asked about this job coaching campaign. >> be a business is tough. but i hear building a business in california i
plastic bags official that i that five cent tax is not changing or modifying behave. the tax was passed to discourage the use of the disposkt bags and encourage reusable once. it was hoped ted lead to cleaner streams, ponds and rivers in the area, because that's where a lot of the bags end up. instead of generating just a million in revenue, which they were hoping, the tax is expected to bring in twice that amount. montgomery county has been charging the tax now for a year. >>> coming up, have you noticed it? a purple frenzy all over the place. >>> hey, what's our weather going to be like? cold, let mets guess. >> what's left for me to say. >> a breezy condition, yes, a bit more in the way of snow coming up. we'll talk about that in just a minute. >>> virginia's attorney says he's that iing put in the office as he runs for governor. some were urging him to step down. cuccinelli is a republican, and says he is fulfilling his promise to voters. >> i told people when i ran that i was going to stay four years, and i'm keeping my record. >> reporter: how long will you stay in the attorney ge
. answers. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. >>> big shake-up in the senate in 2014. geraldo in, scott brown out. the big panel's got it all covered for you tonight here on "the ed show." >>> and the unbelievable story of how nasa handled the space shuttle columbia. on the tenth anniversary of the disaster, a former shuttle program manager blogged his reflections. stay with us. because what you have heard about it really is unbelievable. don't forget, you can listen to my radio show on sirius xm radio channel 127 monday through friday, noon to 3:00. share your thoughts with us on facebook and on twitter using the hash tag edshow. we're coming right back. there'. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours.
.8%. >>> republicans say the latest offer is nothing new and means higher taxes. the president believes the cuts would hurt the economy and he's willing to settle for a short-term fix. >> if congress can't act immediately on a bigger package, if they can't get a bigger package done by the time the sequester is scheduled to go into effect, then i believe they should at least pass a smaller package of spending cuts and tax reforms that would delay the economic damaging effects of the sequester for faw more months until congress finds a way. >>> cbs political news director john dickerson. john, good morning. another deadline in washington, another proposal for a short-term fix without any specifics about how to do it and thousands of people facing job loss. is this about the president trying to gain the political upper hand? >> you sound tired of these skirmishes, norah. they've been going on for about two years. this is chapter 87 in a very dreary book. this is about both sides trying to gain leverage in this latest fight. what the president is trying to do what the republicans are try dochlgt put your
and pumped billions of tax dollars into solar energy. today the future looks dim as investments in green energy are beginning to dry up. >>steve: as the subsidies dry up, so does the business. because? >> there's tons of jobs and the entire industry is relying upon these billions of dollars, and we know where those billions have gotten up. according to my research, .1% of the grid comes from solar power. you think about the money that's gone in, billions, and the output. almost nothing; right? now wall street -- this is a big business issue, and what everybody is talking about is what's going to happen with the shraor industry? -- going to happen with the solar industry? what is going to happen with those jobs he said would be created and clearly the country needs jobs. >>gretchen: if we look at subsidized solar companies. unfortunately, there are a lot of them. >> this is not a good track record here. we know what the checkered past has been for president obama and his statements about the solar industry and what the subsidies are providing. the one thing i want to make mention, subsidi
of her business. we do tax returns were living and we liked tax advisor services your and so in our business, we are not a products company your car business is people, people with knowledge, ideas, innovation, helping clients solve their most challenging management and technology problem. from around the world. with people who have industry expertise that we deploy in every time and quick manner. and time and speed is everything. so within our broad workforce, our larger u.s. workforce, you know, we complement our u.s. workforce with foreign workers. and mobility is very important, so we hire people from college campuses on -- we also use immigrant visas as well and green card. for people on h-1bs, or people, citizens working with deloitte. and then we also use, we look at people who have expertise and specialized knowledge from around the world that we can bring into the united states. so we leverage other -- but it really is a matter of leveraging those to ensure that our clients receive the most timely modern and technology process so they can innovate as best as they can. you k
,000 more jobs and $1 billion of new tax opinion. here is hoping the baltimore ravens are getting some much needed rest of this morning after fans packed the streets tuesday morning out celebrating a big super bowl win. >> that it off with a parade and ended at m&t bank stadium. a capacity of 71,000. but 80,000 people showed up. many had to be turned away from the stadium. ravens lawyers said that glove was overwhelming -- love. >> i'm from new orleans and we have mardi gras and operates but that right there is just time ten. i don't think anybody went to work. >> i'm really nervous right now that it will get taken away from us. it's a really weird feeling just unbelievable. >> joe flacco is already talking about a repeat super bowl victory. >> i like where he's going with that. >> tw♪ two tickets to paradise ♪ >> the celebrations went to his head. he serenaded the crowd with his rendition of the eddie money song. reed urged the crowd to sing along. >> ♪ >> ray lewis doing his signature dance one last time. he thanked the fans for their love of the team. he said he wanted to win the s
more taxes along with spending cuts. but house speaker john boehner says tax hikes are out of the question. >> every month under president obama, kind of feels the same. high unemployment, rising prices, and more debt for our children and grandchildren. >> reporter: speaker boehner says he does not want another temporary fix. some house republicans have indicated they will let the automatic cuts take effect if there is no long-term agreement to reduce the deficit. those cuts would take a bite out of military spending and domestic programs, including a 2% hit to medicare. danielle nottingham, cbs news, the white house. >>> they are coming to california because this is where it is. he is not going to lubbock or wherever the places are that make up that state. >> those other places. [ laughter ] >> governor brown takes aim at texas. why he is going toe to toe with the lone star state. >> it's cleanout time. the 49ers report one more time to empty their lockers. coach harbaugh's final thoughts on the season. >> good evening to you, meteoro
a smaller package of spending cuts and tax reforms that would delay the economically damaging effects of the sequester for a few more months until congress finds a way to replace these cuts with a smarter solution. >> pelley: in an interview on sunday, we asked the president about all of this. we found out last week that the economy actually shrank in the last three months of last year. if the federal spending cuts that are on tap for march actually take effect, will that push the country into recession? >> i don't know if it will push the country into recession, but here's what we know. the reason that the economy shrank a little bit, despite the fact that housing is recovering, manufacturing is going strong, car sales are up-- you know, the truth is, is that, overall there were a lot of positive signs in the economy. the big problem was defense spending was cut 22%. that was the biggest drop in 40 years. it was very abrupt. washington cannot continually operate under a cloud of crisis. that freezes up consumers. it gets businesses worried. we can't afford these self- inflicted wound
.4%. >>> republicans say president obama's latest offer is nothing new and means higher taxes. the president believes the cuts would hurt the economy and he's willing to settle for a short term fix. >> if congress can't act immediately on a bigger package f they can't get a bigger package done by the time the sequester is scheduled to go into effect, then i believe they should at least pass a smaller package of spending cuts and tax reforms that would delay the economically damaging effects of the sequester for a few more months until congress finds a way. >> cbs news political director john dickerson is in washington, john good morning. >> good morning, norah. >> another deadline in washington, another proposal for a short term fix without any specifics about how to do it and a bunch of people, thousands of people facing job losses. is this about the president trying to gain the political upper hand? >> you sound tired of these skirmishes norah? they've been going on two years this is chapter 87 in a dreary book. this is both sides trying to gain leverage. they're trying to put
is with better training, better generous income tax credit, that is easier to provide in a growing economy with younger workers than in a sluggish one with budget deficits. immigration is not what hurts them, and it is not standing in the way of aiding them. in 2007, the congressional budget office found that legalizing undocumented immigrants would increase revenue by $48 billion, while costing only $3 billion increased public services. and that is before you get into the broader economic benefits. there are very few free lunches in public policy. usually it is a realm of hard choices, but taking advantage of our unique position as the country with the world's best and brightest, desperately a way to go? that is surely correct. "the ed show" is up next. >>> good evening, americans, and welcome to "the ed show" from new york. hillary clinton ends her run as secretary of state by nailing republicans for who they really are. i love it. this is "the ed show." let's get to work. >> i am very proud to have been secretary of state. >> hillary clinton gives her final farewell as secretary of stat
billion. it was $1.1 trillion last year. the c.b.o. attributed the decline in part to new tax hikes and to automatic spending cuts scheduled to take effect in march. but it said those same factors may also hold back economic growth. personal computer maker dell has announced it's going private. the company detailed a $24 billion buyout of stockholders today. it's the largest deal of its kind since the great recession. dell has been publicly traded for nearly 25 years. but sales have waned as consumers have shifted towards smartphones and tablets. britain took a major step today toward legalizing same-sex marriage nationwide. the house of commons voted more than 2-1 to legalize the practice. that's despite sharp divisions in the ruling conservative party. prime minister david cameron acknowledged the split, but supported the bill. >> i think it's delight gay people should be able to get married, too. this is yes about equality but it's also about making our society stronger. i know there are strong views on both sides of the aisle, i respect that, but i think this is an important ste
say the postal service, who takes no money now-- we get no tax money-- shouldn't get a tax bailout and should live within their means, meaning if twee need to eliminate delivery on saturday we do. now, our proposal is to eliminate delivery of mail but to continue to deliver packages, which includes medicine for the elderly and handicapped and the rural areas. and that's what our customers have told us. last year we made some changes. post offices. we talked about having to close small, nonprofitable postal offices. we spent a lot of time in the field and herd back from crust mers. they said we don't care if you shrink the opening, just keep the it open. here's the problem we're facing, jeff reerk no matter what anybody thinks on this-- people pay bills online. in the year 2003, we delivered 51 billion-- with a "b--" pieces of stamped mail out of the mailbox. this year it will be 21 billion. 30 billion pieces in less than 10 years at 46 cents apiece say differential in that group of $14 billion. nobody is stepping up saying i'll take a pay cut that makes those kinds of differences u
. and help you get back the refund you deserve. learn more at turbotax dot com. disappears... with a hand-cd criminal behind the wheel. w managed to make his >>> a san jose police van disappears with a handcuffed criminal behind the wheel. how the man managed to make his getaway. >> they're calling him a person of interest in kevin collin's disappearance. >> it's been dry for the entire month, but there are some showers on the way. a parole violator gave poli the slip tonight. get this: he was cuffed, but still mad to comandeer a police van a drive away. k-p-i-x 5's kiet do shows us how. k >>> a parole violator gave police the slip tonight of the he was handcuffed but still managed to comdeer a police van -- xhan deer a xhan deer a >> reporter: this is called double cuffing. ironically, the officers were trying to help this guy out when he took advantage of them. anthony sanchez is a husky guy. 5'8", 275 pounds. he had violated his parole on a drug violation. so police came to his resident to arrest him. they double-cuffed sanchez because he couldn't get his arms close enough together. th
. police say dykes shot poland tuesday when he stormed this bus and demanded child hoss tax. 22 escaped. robby bachelor is also a school bus driver. >> he laid down his life for the kids on that bus. >> reporter: children will return to school today for the first time since the shooting. we've also learned ethan could spend his birthday as a hostage. he turned 6 on wednesday. >> he's been involved in other hostage and standoff situations. john, good morning. they've now been in the bunker for seven days. this poor boy might spend his birthday there. he's 6 years old. there are good signs, though, about the fact that he's being cared for. >> the good thing is you've got the time where you develop what they call stockholm syndrome where the captor and captive start to bond. you can see that when he asks for coloring books, crayons, medication to come in. he's trying to provide for this boy. as time goes on, that bond should inkreechls it also happens with the negotiators. there's going to be a primary negotiator who started this conversation and a backup negotiator and ore over the days t
and more. and introducing 7 lunch choices for just $7.99! ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. your soups are so awesomely delicious my husband and i can't stop eating 'em! what's...that... on your head? can curlers! tomato basil, potato with bacon... we've got a lot of empty cans. [ male announcer ] progresso. you gotta taste this soup. [ crashing sounds ] [ bleep ] >>> take noted, everybody. don't try this at home. in fact, don't try this at all. a woman in ohio kicking out the window of a police cruiser, giving officers a shattered glass shower. even after the window was out, you see there -- she kept on kicking. police say the woman had just been arrested for allegedly assaulting her mother. keeps getting better, doesn't it? they say it's an ugly example of the influence of too much alcohol. [ bleep ] >>> allegations of abuse, naked pictures, and murder. if you weren't awake yet, that should do it. we're talking about the jodi arias case. prose
still has a chance much passing. it scraps the gas tax, hikes the sales tax by 5.5% and gets rid of a $500 fee for hybrid and alternative fuel vehicles. >>> schools in virginia will soon get a letter grade just like the students. a bill passed the state senate yesterday that calls for schools to be graded on an a through f scale. it became law thanks to a tie breaking vote. it will bring accountability and transparency. some democrats call it a gimmick. >>> prince william county has a new police chief. county supervisors named assistant chief hudson chief of police. he's a 30-year veteran of the department. he joined as a patrol officer and worked his way up the ranks. hudson replaces charlie dean who retired last year after 24 years. >>> a frederick county, maryland community is coming together to help a family who lost two loved ones in a house fire. hundreds of people showed up at the chick-fil-a in frederick last night to raise money for the family. most of them did not know the family but wanted to help. the fire killed 6-year-old sophie page and her 3-year-old sister. the h
bill gets rid of the gas tax as the governor wanted and makes the sales tax 5.5%. but the legislation cuts mcdonnell's proposed $100 fee for hybrid and alternative fuel cars. >>> turning to the weather. we are starting to see a little clearing and a little sunshine. what does that mean? storm team 4 meteorologist tom kierein with the first forecast. >> pleasant february morning under way. we've had a quite a bit of wind that's been picking up over the last 12 hours. we had the cloud cover early predawn break up. this is the latest view from space looking down. you can see that cloud cover just north of washington and into northern prince george's county and montgomery county and farther north there, howard county. a lot of cloudiness there in the mountains. south, charles county and calvert and tt mary's, an arund arundel. bright and sunny in fair fooks county and prince william and parts of loudoun county have some sunshine but it's all sunny farther south towards stafford and spotsylvania where temperatures are warmer. already in the upper 40s there. reagan national is at 46. under
: really? >> i think that's the -- >> stephanie: interesting. >> big huge taxes to pay for roads! that's socialism! [ laughter ] >> stephanie: okay. bill o'reilly and bob beckel. >> the 60% who are answering approve of barack obama even though the economy is bad after -- >> it is better than it was -- >> yes, it is too. how can you possibly come up with -- >> it is not better than it used to be -- >> it is not going under water -- you have just wrong about this. >> yeah. i want you to understand where beckel is coming from. he will not admit it is worst than it was when the president took over. >> stephanie: i heard on fox and friends yesterday, i guess his approval rating is high because so many people are getting handouts. that's why -- >> because 60% of america is getting a hand out. >> i haven't gotten mine. where is mine at? >> stephanie: we're all a bunch of moochers. >> meanwhile the u.s. economy added 157,000 jobs -- [♪ "world news tonight" theme ♪] >> stephanie: shut up! shhhh! >> stephanie: although the jobless rate did tick up to 7.9%. >> aha! [
. >>> "the wall street journal" offers strategists on cutting taxes. rates went up for the highest earners. there are new taxes covering the health care overall. one of the tax-fighting tips is donating stocks to charity. >>> health officials want to ban energy drinks that have too much caffeine. this study found that it can kauft insomnia fast heart beat and seizures. >>> there was a twitter competition about the brownout. you can still dunk in the dark. it's been retweeted 14,000 times and was a very smart turnaround during that. >> so clever so quickly. >>> and the average cost for a commercial in last night's super bowl, nearly $4 million. cbs news analyst frank luntz brought together viewers to see which ads worked and which didn't. good morning. >> good morning. >> you testified these, people can turn their dial where they approve or disapprove of it. what was the best ad? >> the best ad and it 'been a best ad for many years, anheuser-busch. it is very easy to make them laugh at a super bowl but it's hard to make them cry and anheuser delivered it as you're about
're putting huge amounts of money into the political process so they get even more tax breaks, more ability to outsource our jobs, more ability to put their money in tax havens in the cayman islands. it's not only a political issue, it's an economic issue. that is if consumers do not have the money, if the middle class and working families do not have the income to spend, how are you going to create jobs? how are you going to create jobs? >> senator, your thoughts on what policies would reduce this wide gulf of income inequality? >> let me just kick off a very few. i think what almost all economists recognize is that when real unemployment is over 14%, counting those people who have given up looking for work and are working part-time, we need to invest significant sums of money, rebuilding our crumbling infrastructure -- roads, bridges, water systems,s that transit, et cetera. second of all, given the threat of global warming, we need to invest very heavily and create jobs in weatherization, energy efficient and sustainable unreasonable. that's one area, ed, if we are aggressive, we can cre
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